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20130101
Search Results 0 to 9 of about 10 (some duplicates have been removed)
, the president put a trillion dollar in changes, medicaid, medicare and changes that nancy pelosi and speaker don't want to see. the and white house's defense is look, if the republicans are not going to play ball on revenue and tax increases they're fnot going to put the spending cuts on the table. this started out as a discussion about cutting the debt, cutting the deficit and now what's going to happen is th smallest plans on the table are going to-- are not really going to cut the deficit in the long run and don't have major spending cuts and i noticed at one point when he was asked about the sequester, not just the tax side, but the automatic spending cuts about to kick in. he said if we raise revenue by the wealthy paying more, that would be sufficient to turn off this request or what's called the automatic spending cuts and that's what republicans have been suggesting if he raises more revenue raising taxes on the rich, he's not going to put it towards the deficit, but the president kind of suggested that today. >> and a question from the beginning and it's your segment, go ahead. >> i've
boehner and nancy pelosi. if they can't work this out and we go over the cliff it means smaller pay checks automatic spending cuts and according to some economists possibly another recession. molly henneberg tracking developments tonight at the white house. what are you hearing? >> hi, harris. senate republican leader mitch mcconnell confirmed it and the white house made it official. there will be a hearing here tomorrow according to a white house aide. it will be on the schedule that the president will talk fiscal cliff with those four top congressional leaders that you mentioned, harris. the president returned to washington today. he cut his hawaiian vacation short to get back to the white house for any possible last minute fiscal cliff meetings and it appears there will be one tomorrow. harris? >> well, what kind of response is the president getting from lawmakers at this point? >> well, senate republicans say they are willing to listen to any ideas the president has as to how to find a way forward. here is more. >> last night i told the president we would be happy to look at whatever h
second proposal was nancy pelosi's proposal she offered in may of this year of doing tax cuts on people of one million dollars and above, that are one million and above. >> and now plan c now. >> now, now proposal-- >> for the republicans to get-- >> no, he was not and that's his failure dealing with his party, but as for negotiating, boehner has put forth many things. it's president obama that needs to take a page out of the play book of clinton to be able to move more to the middle. >> kelly: okay. and core of both of your arguments, here is what we're seeing on capitol hill as well, members of both sides of the aisle can't agree to disagree on things, there's no common ground. here is the way that people's business is being conducted so far as we've seen from mike emanuel's report. democrat leaders are hammering out deal they can pass and hopefully angela and mark, he see it get passed in the house before the automatic tax increases and deep spending cuts actually go into effect on january 1st, 20113, which is now some 48 hours away. do they have enough time to get it done? >> yes. >
necessary to run the programs he wanted and nancy pelosi tells me there are members in her caucus wants taxes to go up and howard dean not shy saying that taxes should go up on everyone for months. there's a major part of the democrats who want the rates to go up and are public about it. the question, does the president have the interest to stand town that part of the party or does he want taxes to go up and blame the republican. >> harris: first time since 1970 congress is working between christmas and new years. how do you negotiate with someone who is determined basically to see is fail and see us go over into extreme high taxes? >> we don't and one of the most insightful things i've read in the the last couple of weeks, the dialog between mr. boehner and the president off the election and mr. boehner put 800 billion of revenues on the table and talking about negotiations and the president says i get that for free, i'm not giving you anything for 800 billion dollars. and washington is a rumor mill, as you can probably mante imagine, and we've heard that the change cpi would be off th
but remember something about the actual threshold. chuck schumer and nancy pelosi, this summer suggest ad million dollars be the mark for which people begin to pay higher tax rates, not 2 a $50,000. so i think the president definitely stretched his definition of millionaires and billionaires by putting 250 rate income level as that rate but he is getting extension of unemployment benefits he wants as well. so he certainly outmaneuvered us on this one but the real irony here that this whole process was born out of deficit reduction. now the reports are it might add to the deficit. that is counter intuitive. gregg: or at least the 800 plus billion in new revenue would be wiped out by $800 billion into l new spending. it is dead-even and not a nickel goes to deficit reduction. kirsten, if that happens, won't the american people say, hey, wait a minute, wasn't this whole thing supposed to be about reducing the deficit? >> no, they won't. this is fundamental fun political point the republicans seem incapable of understanding. for all their claims this is what the country is obsessed with this
a bit, talking to the top four congressional leaders. speaker boehner, nancy pelosi, mitch mcconnell, and harry reid. earlier today, the senate majority leader sounded frustrated with the republicans in congress. >> nothing can move forward unless speaker boehner and mitch mcconnell are willing to come up with a bipartisan plan to participate. speaker boehner is unwilling to negotiate. we have not heard a word since neither mcconnell. nothing has happened. >> i should note that senator reid was due for a news conference later this afternoon. that has since been canceled. perhaps the senate majority leader has decided to do his talking behind closed doors and hammer out a deal. greg: filled with metaphors, no doubt. what a republican saying about the status of the fiscal cliff negotiations? reporter: they have been pretty quiet so far. we know the speaker of the house and the republican leadership team in the house is due for a conference call with members that are still back in their home districts later this hour. we expect senate republican leader mitch mcconnell to be on the senat
Search Results 0 to 9 of about 10 (some duplicates have been removed)